Atlantanews Online

Specialty Films Market to reach US$ 56 Bn by 2026 End, globally: Future Market Insights

 Breaking News
  • No posts were found

Specialty Films Market to reach US$ 56 Bn by 2026 End, globally: Future Market Insights

November 05
03:14 2020
Specialty Films Market to reach US$ 56 Bn by 2026 End, globally: Future Market Insights

Future Market Insights
Specialty Films Market: Barrier Films to Represent Leading Product-Type Segment through 2026: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2026)

Packaging is widely observed as one of the largest marketplace, with products finding applications in several industrial verticals. Specialty films remains a key commodity in the packaging world, and advent of new products entails the use of advanced packaging films. Specialty films are being predominantly used in the packaging of bioactive and biodegradable products, while companies from every industrial sector are actively adopting packaging solutions that enable them in creating an isolated environment for their products.

A new forecast study by FMI reveals such trends will continue to drive the demand for specialty films globally. According to the findings from the report, the global specialty films market is poised to expand at a CAGR of 4.9%, representing steady revenue growth during the forecast period, 2017-2026. The study projects that by the end of 2026, more than US$ 56 Bn worth of specialty films will be sold across the globe.

Request to View Sample Report – https://www.futuremarketinsights.com/reports/sample/rep-gb-5938

High Demand for Barrier Films; Conductive Films to Register Fastest Sales

In terms of products sold in the global specialty films market, barrier films are pegged to incur highest share on global market value. In 2017, more than US$ 18 Bn worth of barrier films are estimated to be sold in the global specialty films market. While the demand for anti-fog films is likely to dwindle towards the latter half of the forecast period, the report projects that conductive films will register rapid sales through 2026. Over the forecast period, conductive films are expected to register a value CAGR of 7.1%.

APEJ to Dominate Global Specialty Films Market

A regional forecast on the global specialty films market has been provided in the report, which reveals that the Asia-Pacific excluding Japan (APEJ) region will register highest sales of specialty films. The report further reveals that Europe and APEJ will be representing the leading markets for specialty films, followed by North America. Higher presence of food and beverage companies in the APEJ and Europe regions is expected to drive the sales of specialty films, pertaining to their greater end-use in these regions. Over the forecast period, the APEJ specialty films market is likely to expand at the highest CAGR of 7%, while sales of specialty films in European countries will attain a sub-par growth.

Further analysis from the report reveals that food & beverage industry will remain the largest end-user of specialty films. Throughout the forecast period, more than two-fifth of specialty films sold in the global market will be used for packaging of food items and beverages. The report also reveals that a majority of specialty films being produced in the global market will be made of polyethylene materials. Low density of PE specialty films, coupled with their abilities in terms of water and thermal resistance and durability, will drive their sales globally through 2026.

For any Queries Linked with the Report, Ask an [email protected] https://www.futuremarketinsights.com/ask-question/rep-gb-5938

Key Manufacturers of Specialty Films

The study has profiled leading manufacturers of specialty films, which include Bemis Company, The Mondi Group, Koninklijke DSM N.V., Amcor Ltd., Borealis AG, Selenis Portugal S.A, Sealed Air Inc., Saudi Arabia Basic Industries Corporation (SABIC), 3M Company, and Bischof + Klein SE & Co. With increasing presence of packaging industries in the APEJ region, the global specialty films production is likely to remain concentred in this region. Manufacturers of specialty films are expected to put more efforts towards improving the chemical resistance of packaging films across multiple applications.

Table Of Content

1. Global Economic Outlook

2. Global Specialty Films Market – Executive Summary

3. Global Specialty Films Market Overview

3.1. Introduction

3.1.1. Global Specialty Films Market Taxonomy

3.1.2. Global Specialty Films Market Definition

3.2. Global Specialty Films Market Size (US$ Mn) and Forecast, 2012-2026

3.2.1. Global Specialty Films Market Y-o-Y Growth

3.3. Global Specialty Films Market Dynamics

3.4. Supply Chain

3.5. Porter’s Five Force Analysis

3.6. Global Specialty Films Market 

3.7. Global Packaging Market Outlook

3.8. Cost Structure

3.9. Product Life Cycle

3.10. Key Participants Market Presence (Intensity Map) By Region

4. Global Specialty Films Market Analysis and Forecast 2012-2026 

Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-5938

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Media Contact
Company Name: Future Market Insights
Contact Person: Abhishek Budholiya
Email: Send Email
Phone: +442076928790
Address:3rd Floor, 207 Regent Street
City: London
Country: United Kingdom
Website: https://www.futuremarketinsights.com/reports/specialty-films-market

Related Articles

Categories